CNBC Daily Open: Dow sinks 600 points, Nvidia soars
Nvidia’s blockbuster earnings and forecast couldn’t stop Wall Street from taking a late dive.
Japan, Hong Kong stocks lead Asia markets lower; investors assess inflation data
Japan’s core inflation — which strips out fresh food and energy — eased to 2.2% from 2.6% in March, in line with expectations.
CIO shares Nvidia alternatives to cash in on the AI theme: ‘There’s another way to play this’
Nvidia is showing no signs of slowing down, but there are other ways to play the AI trend, according to a CIO, who recommends “old economy” firms.
Bhutan turns to ‘Gross National Happiness 2.0’ as crisis deepens
Bhutan’s Prime Minister Tshering Tobgay stated that the country’s approach to GNH is changing on some level because of its economic struggles.
Nasdaq closes Friday at record high as Nvidia and the AI trade rallies on
Stocks ended higher Friday, following the worst session in more than a year for the Dow Jones Industrial Average.
SEC approves rule change to allow creation of ether ETFs
The regulator said it will allow exchanges to list funds that buy and hold the ether cryptocurrency, following a similar move for bitcoin funds in January.
This DoubleLine bond fund is beating the market. Here’s what it’s buying
DoubleLine’s Jeffrey Sherman spoke to CNBC about the risks to the economy and what part of the bond market makes the most sense for investors.
Investing in Space: How the Pentagon is making use of AI with spy satellite data
Space Capital’s NYC summit gathered investors and companies for discussions on key industry topics such as Starship, U.S. national security, China.
Tesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs
Elon Musk said at a conference in Paris on Thursday that he doesn’t agree with President Biden’s tariff on Chinese-made electric vehicle imports.
Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
Ocean freight spot rates are experiencing a sudden, surprise spike as a container crunch in peak shipping season roils global trade and could hit the consumer.
